MD Clarity

MD Clarity

Software Development

Seattle, Washington 3,440 followers

Boost cash flow by automating payer underpayment detection, contract optimization, and patient estimates in one place

About us

MD Clarity’s software platform helps provider groups accelerate cash flow and identify missed revenue opportunities through proactive identification of underpayments, payer performance benchmarking, and automated estimates of care. We empower organizations to reduce revenue leakage, get the most out of their managed care agreements, and reduce bad debt from unpaid patient responsibility – all while providing a smooth and transparent financial experience for patients. We are a social-impact-driven software company animated by two guiding principles: 1️⃣ Patients have a right to know what the financial impact will be on them when getting care. 2️⃣ Providers deserve to be paid fairly by health insurers.

Industry
Software Development
Company size
11-50 employees
Headquarters
Seattle, Washington
Type
Privately Held
Founded
2010
Specialties
Healthcare Data Analytics, Revenue Cycle Management (RCM), Underpayment Detection, Patient Cost Estimates, No Surprises Act Compliance, Contract Management, Revenue Integrity, Revenue Recovery, Underpayment Review, Denial Prevention, and Complex Claims Management

Locations

Employees at MD Clarity

Updates

  • MD Clarity reposted this

    View profile for Dan Freeman, graphic

    CEO at MD Clarity

    What can we expect from healthcare MSO buyout activity through the end of 2024? It depends… Jerome Powell just signaled that the Fed is prepared to start cutting interest rates, and economists are predicting that the Fed will drop rates by 75 basis points in total through the end of the year. While a decline in interest rates is likely welcome news for MSO operators and their sponsors, a mid-four-percent Federal Funds rate is a far cry from the low interest rate environment that helped facilitate the scaling of many MSOs in 2021 and 2022. Despite overarching macroeconomic dynamics, MSO deal activity is likely to vary by category: ▪MSOs in the nascent cardiovascular space haven’t been slowed by the high interest rate environment. There were a record 20 cardiovascular MSO deals in 2023 (seven platform investments and 13 add-ons). About 80 percent of cardiovascular MSOs are less than three years old. Groups in less mature specialties benefit from a large amount of whitespace for both platform investment and rollup activity, which is likely to continue. ▪Meanwhile, the median hold time for MSOs in more mature specialties like eyecare, urgent care, and nephrology is more than five years. PE sponsors are grappling with prolonged hold periods and the desire for liquidity among LPs. It’s possible that the potential 75 basis point dip in interest rates can jar these platforms loose. Absent further rate reductions, we expect the next wave of platform buyers to be sponsors with the ability to underwrite and then deliver on value creation opportunities specific to organic growth and margin expansion. These value creation levers require revenue cycle and managed care contracting teams that are strong at mitigating denials, recovering underpayments, and negotiating high-performing contracts with payers. The MD Clarity team is energized by the MSOs and their sponsors that understand that operational rigor is the path to value creation in this economic environment. Unless rates return to near-zero, operational excellence as a priority is likely here to stay. #RevenueCycle #RCM #healthtech

    • No alternative text description for this image
  • View organization page for MD Clarity, graphic

    3,440 followers

    We’re thrilled to announce MD Clarity has been recognized on the Inc. 5000 list of the fastest-growing private companies in America, coming in at No. 3587! This recognition highlights our rapid growth and our impact improving revenue cycle outcomes, streamlining patients’ financial experience, and reducing the administrative burden on staff. “This accomplishment is a testament to our team’s dedication to empowering Management Services Organizations (MSOs) and large physician-owned groups with our revenue optimization software. By addressing the complex financial challenges faced by these organizations, we’ve been able to drive significant growth while delivering exceptional results for providers and the patients they serve.” —Dan Freeman, MD Clarity CEO Read the full press release: https://lnkd.in/g4RcZvw3

    • No alternative text description for this image
  • View organization page for MD Clarity, graphic

    3,440 followers

    MD Clarity has been named High Performer in G2’s Summer 2024 Report! MD Clarity earned a total of five awards under G2’s RCM Software category, including: ▪ High Performer ▪ Best Support ▪ Best Relationship ▪ Easiest To Do Business With ▪ Best Meets Requirements. “Our G2 High Performer recognition affirms the substantial impact our product has on both provider reimbursement and patient financial experience,” said Dan Freeman, MD Clarity’s CEO. Read the full press release: https://lnkd.in/gvKW6uKS

    • No alternative text description for this image
  • View organization page for MD Clarity, graphic

    3,440 followers

    We're excited to announce MD Clarity has joined the ModMed synapSYS Marketplace! MD Clarity’s application enables pre-service patient cost estimates and deposits, detects variances between payer payments and contracted rates, and provides data to negotiate managed care contracts from a position of strength. Read the full press release: https://lnkd.in/g6g9uFXn

    • No alternative text description for this image
  • View organization page for MD Clarity, graphic

    3,440 followers

    We're thrilled to announce MD Clarity has joined the athenahealth Marketplace! MD Clarity’s integration optimizes revenue for healthcare providers, enabling pre-service patient cost estimates and deposits, detecting payment variance, and providing data to negotiate better managed care contracts. “Partnering with athenahealth enables a seamless experience for providers to ensure they are being paid optimally for all of their patient encounters and are delivering a transparent financial experience to patients.” — Dan Freeman, MD Clarity CEO Read the full press release: https://lnkd.in/gWqErKdF

    • No alternative text description for this image

Similar pages

Browse jobs